Is the SPY preparing for Santa Rally! -- Plan for Wed Dec 03
Credit Selling pays again. No headaches, free money. But that doesn't mean I don't hunt for Spectre Specials! Yesterday we got a beautiful 300% payer in 30 minutes!
SPX 6840p pays into the close! 300% in 30 minutes!
Is a Santa Rally coming?
We are at an inflection point. we can go either way, but given the nature of the market, the odds favor Buy The Dip. So I will be looking for a flush today or tomorrow to develop to scoop for possible swings for a Santa Rally,
I’ll still hunt scalps for shorts because they can pay 300-1000% in under 2 hours.
Credit Selling
I’ll also be beefing up and scaling up my credit selling. Why not? with an 80%+ win rate (closer to 90%+ at the moment). It’s dumb not to.
Current estimate is almost 20 hours for the traditional course. I prefer learn by doing. faster way to learn, and more practical with is 4 hours of theory and 8 hours of practical over 4 weeks. so (15min a day).
VIDEO RECAP SPY/SPX on Dec 01
sorry for the long video but last 2 days’s I’ve been working to solve this… When I do, it will mean more 300-1000% paying alerts on a timely basis!
If you are tired of overtrading, not knowing how to plan trades, and want to make more in less time, come join us.
What is Two Hour Trading?
Two Hour Trading is my system for finding and executing trades while spending less than two hours a day trading. My goal is to earn 100-300% on the capital I risk while waiting for 1000%+ gain trades to set up. Key benefits include:
High-quality trades with excellent reward vs. risk
Avoiding overtrading and losses from it
Trading to win vs. trading not to lose
Stacking the deck in your favor
If you are busy and want to see my commentary and ideas in real time consider joining THT-PRO.
Plan for Wed Dec 03
Stick to process. The process and trade setups I teach works. Rinse and repeat over and over again. There will be losses. Any good system will have them. Being systematic also means the gains will repeat and come again too. If you keep changing your system/process trying in an effort to never lose a trade, you will never get to where you want to go.
SPY’s Pivot Standoff: Survive the Squeeze
Spot reversal edges around 681.89 to dodge downside traps.
Market Context
Over the last five trading days, SPY’s been on a wild ride, bouncing between $664 and $683 with some sharp reversals that had me chuckling at my screen—because who doesn’t love a market that acts like a caffeinated squirrel? The overall bias is cautiously bullish, with price action showing failed breakdowns below recent lows around 679, hinting at buyers stepping in like they’re late for a sale. Premarket’s hovering near 682.50, testing that pivotal 681.89 level, and the chart patterns scream range-bound consolidation with potential for a breakout if volume picks up. No fireworks from yesterday’s close at around 681.50; it’s like the market’s taking a coffee break before deciding if we’re heading higher or pulling back. My take? Momentum’s teasing an upside continuation, but watch for those sneaky failed moves—I’ve been burned by them before, so you don’t have to.